Iran’s currency, the rial, plunged Wednesday to a record low of 850,000 rials to $1 after U.S. President Donald Trump ordered a restart to the “maximum pressure” campaign targeting Tehran.
Trump’s order, signed Tuesday night, calls for halting Iran’s oil exports and pursuing a “snapback” of United Nations sanctions on Iran.
However, he also suggested he didn’t want to impose those sanctions and wanted to reach a deal with Iran.
Iranian officials appear to be signaling that they are waiting for a message from Trump on whether he wants to negotiate over…
